Historic Israeli Sheqel Malawian kwacha

Israeli Sheqel malawian kwacha history for January 2024. The highest quote for this month is 468.17 (01/01/2024) and the lowest 467.91 (01/01/2024). The difference between high and low is 0.06.

ILS MWK average rate for January 2024 is 451.44259, the change between 01/01/2024 and 31/01/2024 is +2.6 %.

01 January 20241 ILS = 467.5 MWK
02 January 20241 ILS = 467.9 MWK
03 January 20241 ILS = 457.5 MWK
04 January 20241 ILS = 455.2 MWK
05 January 20241 ILS = 455.8 MWK
06 January 20241 ILS = 454.1 MWK
07 January 20241 ILS = 453.5 MWK
08 January 20241 ILS = 455.7 MWK
09 January 20241 ILS = 449.5 MWK
10 January 20241 ILS = 450.1 MWK
11 January 20241 ILS = 445.8 MWK
12 January 20241 ILS = 448.6 MWK
14 January 20241 ILS = 447.1 MWK
15 January 20241 ILS = 449.9 MWK
16 January 20241 ILS = 447.4 MWK
17 January 20241 ILS = 446.4 MWK
18 January 20241 ILS = 438.6 MWK
19 January 20241 ILS = 442.7 MWK
22 January 20241 ILS = 448.7 MWK
23 January 20241 ILS = 442.9 MWK
24 January 20241 ILS = 443.4 MWK
25 January 20241 ILS = 450.1 MWK
26 January 20241 ILS = 450.5 MWK
28 January 20241 ILS = 452.6 MWK
29 January 20241 ILS = 456.5 MWK
30 January 20241 ILS = 455.8 MWK
31 January 20241 ILS = 455.3 MWK

13/05/2020: Introduction of New Thousand Kwacha Banknotes

Malawi introduced new banknotes with higher denominations to address issues of inflation and to streamline transactions in a cash-based economy.

01/05/2016: Currency Floatation

The Malawian government allowed the kwacha to float freely against other currencies, leading to a significant depreciation of the currency.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

07/08/2012: Introduction of New Kwacha Coins

Malawi introduced new coins to replace smaller denominations of the kwacha banknotes, facilitating transactions and reducing the cost of producing money.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

10/04/2000: Introduction of New Kwacha Banknotes

Malawi introduced new banknotes with enhanced security features to combat counterfeiting and to modernize the currency.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

14/06/1994: Malawi's First Multiparty Democratic Elections

Malawi held its first multiparty democratic elections, leading to a political and economic transition which affected the value of the kwacha.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

01/09/1979: First Devaluation of the Kwacha

The Malawian government devalued the kwacha by 30% in response to economic challenges and to promote exports.

06/07/1971: Introduction of the Malawian Kwacha

The Malawian Kwacha (MWK) was introduced as the official currency of Malawi, replacing the Malawian pound at a rate of 2 kwacha = 1 pound.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.
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